Overview
Description
The Satrix Indi Portfolio is an investment instrument designed to reflect the performance of the top 25 large-cap shares listed on the Johannesburg Stock Exchange (JSE) that derive the majority of their revenue offshore. As an exchange-traded fund (ETF), its primary function is to provide investors with exposure to a concentrated collection of leading industrial stocks. This portfolio particularly emphasizes companies in sectors such as healthcare, consumer goods, and technology, offering a balanced mixture of industries that hold significant international reach despite being South African in origin. The Satrix Indi Portfolio plays a crucial role in enabling South African investors to gain indirect exposure to global markets while investing domestically, promoting diversification within their investment portfolio. By tracking an index of robust and globally-reputable companies, the fund is instrumental for those seeking stability and growth linked to international economic performance while also leveraging the relative stability of the JSE.
About
Instrument type
Common stock
Sector
Industry
Country
South Africa
MIC code
XJSE